ICA Edu Skills Blog

Featured Blogs

BRS in Tally Prime

How to Use BRS in Tally Prime: A Step-by-Step Guide

Maintaining accurate accounting data in the complex accounting world is challenging to ensure smooth financial operations. But if you are using Tally Prime then crucial aspects of accounting become easy. You can use BRS in Tally Prime to match bank records with your accounting records. This blog will explain the concept of BRS in tally […]
Income from House Property

Income from House Property: A Taxpayer’s Guide

In India, if you own a property that is rented or generates any income, you have to pay taxes on its income. The income generated from this source falls under Income from House Property” as stated in the Income Tax Act 1961. This blog post aims to clarify the concept of income from house property […]
Chart of Accounts

Chart of Accounts: Structure, Benefits, and Examples

Every business that operates successfully, and maintains its financial transactions accurately paves a strong foundation for its growth. This foundation relies on accurate and organized financial records and that organization’s chart of accounts (COA). Are you confused with the term charts of account in accounting? Yes for, most business owners, especially small businesses, the chart […]
Payroll in Tally Prime

Payroll in Tally Prime: Process, Flow Chart, Features

In today’s business landscape, managing employee payroll accurately is important for smooth operation. But Tally-Prime has resolved this issue by introducing payroll in Tally Prime. Now, whether you are running a small or medium business (SMB), Tally Prime accounting software can be a game-changer. This blog will explain to you the complete process of payroll […]
Power of Audit Trail in TallyPrime

Power of Audit Trail in TallyPrime

Financial data integrity is paramount for any business. In today’s digital age, maintaining a clear and auditable record of transactions is more important than ever. This is where the Audit Trail in TallyPrime comes in. Table of Contents What is an Audit Trail? Why is an Audit Trail Important? Using the Edit Log in TallyPrime […]
Structure of GST in India

Structure of GST in India: Types, Rates, 4-Tiers Tax

On July 1st, 2017, the Goods and Services Tax (GST), was introduced in the Indian tax system. The main motive behind this is to streamline the complex tax structure of the state and central government and create a more transparent tax system. In the complete structure of GST in India, there are many things to […]
Credit Note in Tally Prime

Credit Note in Tally Prime: A Guide for Purchase Returns

Have you ever generated credit notes in your business? Do you have any idea about credit notes or how to generate credit note in Tally Prime, if you are using Tally Prime to manage your accounts? Don’t worry, we are here to answer all your queries and explain credit note entries in Tally Prime. Why […]
Debit Note in Tally Prime

How to Create a Debit Note in Tally Prime

In the complex world of accountancy, maintaining accurate financial data sometimes seems complex even for professionals, especially, when it comes to debt. Thus, to resolve your debt accounting solution easily, the concept of debit note in Tally Prime is introduced. If you are confused with the term debit note and why it is important in […]
Shortcut keys for Excel

Top 25+ Shortcut Keys For Excel: Work Like A Pro

Microsoft Excel is the most used and renowned data-handling tool for most professionals who deal with bundles of data every day. To make the work easy for our data analyst, we have compiled all shortcut keys for Excel in a single place. Yes, our spreadsheet warriors and data enthusiasts can use all these Excel shortcut […]
company creation in tallyprime

Company Creation in TallyPrime: From Start to Success

In today’s fast-growing market, if businesses want to grow consistently, their accounting foundations must be strong. Tally Prime, a leading accounting software, builds this foundation for businesses by performing all accounting tasks. Businesses can perform everything from company creation in tally prime to reconciliation, GST filling, and much more to strengthen financial health. This blog […]
Accounts Payable Process

Accounts Payable Process: Optimizing Cash Flow

Every business, from a small-scale startup to a large industry, works with the accounts payable process to manage its financial buzz. Confused with the simple terminology of accounts payable? It simply refers to the money a company has to pay to their vendors and suppliers for goods and services received on credit. The accounts Payable […]
General Ledger Accounting

General Ledger Accounting: Financial Management Guide

In the world of finance, maintaining a well-structured, accurate report is not only necessary but also important for tax compliance. Whether it’s a small-stage startup or a big business for managing finances, they all depend on the General Ledger Accounting system. If you are new to the accounting world or need to learn about general […]
how to file GSTR 1

How To File GSTR 1: Process, Deadlines & Penalties Explained

After the introduction of GST in the Indian tax system, it has completely transformed the tax structure of India. With time, it is evolving a lot, and understanding its complexity and process is necessary to stay compliant. One of the most important parts of GST is understanding how to file GSTR 1 on a monthly […]
GST Registration Process

GST Registration Process: Steps, Requirements, Status Checks, Benefits

The introduction of the Goods and Services Tax (GST) tax system in India brings lots of transformation in the indirect tax structure. The core component of this is the GST registration process for businesses to become a part of this transformative regime. To make the complete process of new registration of GST easy to understand […]
Procure-to-pay process

Procure-to-Pay Process: Meaning, Steps, Benefits Explained

In today’s fast-growing digital world, businesses have to work smartly to save time and money. Businesses that genuinely want to grow with this technique have to make their operations easy, from buying stuff to making payments with the help of the procure-to-pay process. Ready to dive into the world of the P2P process? Great! This […]
data visualization in Excel

Data Visualization in Excel: Creating Impactful Visuals

Today’s dealing with bundles of numbers can be a boring task. But don’t worry anymore. Now it’s too easy to deal with numbers in a more engaging way through spreadsheets. It tells your complete story through charts, bars, and graphs, and that’s called data visualization in Excel. In this guide, you can learn how numbers […]
sap supply chain modules

SAP Supply Chain Modules: Empowering Businesses Operations

In today’s fast-moving world, to run a business smoothly, you need a supply chain that’s quick and smooth. The different SAP Supply Chain modules are superheroes for your supply chain management. It helps businesses to work seamlessly with maximum efficiency. Let’s dive into it and see how SAP modules for supply chain management can bring […]
Zoho Books features

Zoho Books Features: Transforming Financial Management

In today’s fast-moving digital business world, where everyone is looking for smart software to manage business operations, Zoho Books’ accounting software is great. Zoho Books features are like equipping your ship with high-tech navigation features. Zoho Books is a cloud-based accounting software that acts as your companion in managing financial crunches. Zoho Books’ features are […]
GST Amnesty Scheme

GST Amnesty Scheme for Businesses: The Road to Rectification

In the complex tax structure of GST, navigating across compliance sometimes creates difficulty. But Don’t Worry now, the GST Amnesty Scheme creates hope and acts as a helping hand for many businesses and individuals. This blog goes into depth insight into the amnesty scheme for GST and explains its objective, features, challenges, and benefits that […]
Tally Prime on Mobile

Tally Prime on Mobile: Keep Your Finances in Your Pocket

Tally Prime on mobile isn’t only a streamlined accounting solution for businesses but it enhances the overall productivity of the team. The Tally Prime mobile app brings the power of financial management to your palm. It’s easy to use inference, robust security, and many more features that make the long-lasting financial work easy. In this […]
Input tax credit Under GST

Input Tax Credit under GST: Eligibility, Claims and Process

The introduction of Goods and Services Tax (GST) in India brings major changes in the tax system with its multiple features. One of the most important features is input tax credit under GST. Input Tax Credit in GST reduces the “tax on tax” problem and makes the complete tax system more transparent and efficient. This […]
SAP Order To Cash Process

SAP Order To Cash Process: Optimizing Financial Flows

In the digital sound world where everything is going online, especially the trend of online shopping, the SAP Order to Cash process acts as a boon for businesses. The SAP OTC process manages everything from when the customer places an order until the company receives payments. This system has completely revolutionized the business process with […]
E-way bill in GST

E-way bill in GST: Your GST Transportation Companion

The Goods and Services Tax (GST) by Govt. of India has completely reformed India’s taxation system into a more efficient and transparent system. Many new features were introduced within it and one was the implementation of the E-Way Bill in GST. Digital documentation that is designed to manage and regulate the movement of goods across […]
how to use python in excel

How to Use Python in Excel – Tutorial and Tips

Microsoft Excеl and Python are two powerful tools for data management and analysis. Are you wondеring how to use python in excel? Excеl, known for its sprеadshееts, has long been thе go-to tool for professionals across many fields. Python, a vеrsatilе programming language, is gaining popularity as a tool for data automation, manipulation, and advanced […]
Balance Sheet Statement

Mastering Balance Sheet Statement: From Assets to Equity

In the complex world of finance, where numbers intertwine in a delicate dance, the balance sheet statement emerges as a beacon of clarity, providing a comprehensive overview of a company’s financial standing. It transcends a mere financial statement; it’s a story, a narrative woven from assets, liabilities, and equity. In this exploration of the balance […]
Zoho Books Accounting software

Zoho Books Accounting Software: Key to Financial Success

In today’s fast-moving business world, managing your finances efficiently is essential for success. Whether you’re running a small business, working as a freelancer, or having a medium-sized enterprise, managing your accounting tasks is a must. That’s where Zoho Books accounting software comes in. Zoho Books software is a user-friendly and powerful accounting software solution that […]
Indian Financial System and Markets

Indian Financial System and Markets: Pulse of Indian Finance

The development of a nation’s economy is shown by the progress of different economic sectors. These sectors are widely classified into Corporate, Government, and Household Sectors. There are areas or people with extra funds and there are those who don’t have surplus funds. This is where the role of an Indian Financial System and markets […]
Input Service Distributor under GST

Input Service Distributor under GST: Tax Process Explained

The Goods and Services Tax (GST) regime in India has introduced significant changes to the taxation system. It includes the concept of Input Service Distributor (ISD). Input Service Distributor under GST plays a pivotal role in the distribution of Input Tax Credit (ITC) within a business organization. If you are looking to learn about the […]
Time of Suply in GST

Time of Supply in GST Explained

Time of Supply in GST is the time when a GST taxpayer owes GST for a transaction. It is important to understand this GST regime because it determines when a taxpayer is liable to pay GST. Many basic concepts of GST need to be understood for accurate filing. Keeping our valuable readers in mind, we […]
GST HSN Codes List

GST HSN Codes List: Find the Right Code for Your Products

We have tried to bind the complete details of the GST HSN Codes List, its structure, and its importance in one single place. Let’s explore each section carefully to understand its concepts. If you are stuck at any point or looking to learn the complete GST concepts from the basics, check GST courses. It will […]
Sort By

How to Use BRS in Tally Prime: A Step-by-Step Guide

Maintaining accurate accounting data in the complex accounting world is challenging to ensure smooth

Income from House Property: A Taxpayer’s Guide

In India, if you own a property that is rented or generates any income, you have to pay taxes on its

Chart of Accounts: Structure, Benefits, and Examples

Every business that operates successfully, and maintains its financial transactions accurately paves

Payroll in Tally Prime: Process, Flow Chart, Features

In today’s business landscape, managing employee payroll accurately is important for smooth op

Power of Audit Trail in TallyPrime

Financial data integrity is paramount for any business. In today’s digital age, maintaining a

Structure of GST in India: Types, Rates, 4-Tiers Tax

On July 1st, 2017, the Goods and Services Tax (GST), was introduced in the Indian tax system. The ma

Credit Note in Tally Prime: A Guide for Purchase Returns

Have you ever generated credit notes in your business? Do you have any idea about credit notes or ho

How to Create a Debit Note in Tally Prime

In the complex world of accountancy, maintaining accurate financial data sometimes seems complex eve

Top 25+ Shortcut Keys For Excel: Work Like A Pro

Microsoft Excel is the most used and renowned data-handling tool for most professionals who deal wit

Company Creation in TallyPrime: From Start to Success

In today’s fast-growing market, if businesses want to grow consistently, their accounting foundati

Accounts Payable Process: Optimizing Cash Flow

Every business, from a small-scale startup to a large industry, works with the accounts payable proc

General Ledger Accounting: Financial Management Guide

In the world of finance, maintaining a well-structured, accurate report is not only necessary but al

How To File GSTR 1: Process, Deadlines & Penalties Explained

After the introduction of GST in the Indian tax system, it has completely transformed the tax struct

GST Registration Process: Steps, Requirements, Status Checks, Benefits

The introduction of the Goods and Services Tax (GST) tax system in India brings lots of transformati

Procure-to-Pay Process: Meaning, Steps, Benefits Explained

In today’s fast-growing digital world, businesses have to work smartly to save time and money.

Data Visualization in Excel: Creating Impactful Visuals

Today’s dealing with bundles of numbers can be a boring task. But don’t worry anymore. Now it

SAP Supply Chain Modules: Empowering Businesses Operations

In today’s fast-moving world, to run a business smoothly, you need a supply chain that’s qui

Zoho Books Features: Transforming Financial Management

In today’s fast-moving digital business world, where everyone is looking for smart software to man

GST Amnesty Scheme for Businesses: The Road to Rectification

In the complex tax structure of GST, navigating across compliance sometimes creates difficulty. But

Tally Prime on Mobile: Keep Your Finances in Your Pocket

Tally Prime on mobile isn’t only a streamlined accounting solution for businesses but it enhances

Input Tax Credit under GST: Eligibility, Claims and Process

The introduction of Goods and Services Tax (GST) in India brings major changes in the tax system wit

SAP Order To Cash Process: Optimizing Financial Flows

In the digital sound world where everything is going online, especially the trend of online shopping

E-way bill in GST: Your GST Transportation Companion

The Goods and Services Tax (GST) by Govt. of India has completely reformed India’s taxation sy

How to Use Python in Excel – Tutorial and Tips

Microsoft Excеl and Python are two powerful tools for data management and analysis. Are you wondеr

Mastering Balance Sheet Statement: From Assets to Equity

In the complex world of finance, where numbers intertwine in a delicate dance, the balance sheet sta

Zoho Books Accounting Software: Key to Financial Success

In today’s fast-moving business world, managing your finances efficiently is essential for suc

Indian Financial System and Markets: Pulse of Indian Finance

The development of a nation’s economy is shown by the progress of different economic sectors. Thes

Input Service Distributor under GST: Tax Process Explained

The Goods and Services Tax (GST) regime in India has introduced significant changes to the taxation

Time of Supply in GST Explained

Time of Supply in GST is the time when a GST taxpayer owes GST for a transaction. It is important to

GST HSN Codes List: Find the Right Code for Your Products

We have tried to bind the complete details of the GST HSN Codes List, its structure, and its importa